Market Overview – December 2023

Investors no longer believe central bankers · 7 December 2023

Although central bankers insist they are reluctant to consider rate cuts, investors think they are on the wrong track. Investors seem convinced that the US Federal Reserve (Fed) and the European Central Bank will be forced to cut rates in the coming year. In anticipation, long rates therefore fell sharply during the month. This has contributed to the increased risk appetite in financial markets in recent weeks. This optimism has been exacerbated recently by the confirmation of the overall slowdown in inflation and economic growth. In November, global financial markets experienced a remarkable rebound. 

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Market Overview December - 2023 Survol des marchés - Décembre 2023